Industry: €35mn to support the development of Arc

On 19 May Arc, the dishware world leader, announced that it will receive in June 2017 €25mn from the consortium of international financial partners led by CDC International Capital (CDC IC), a Caisse des Dépôts subsidiary, and the Russia Direct Investment Fund (RDIF), and also €10mn from Glass holding company, its principal shareholder, to support the development of Arc.

Enterprise
19May2017

Capture d’écran du site internet d’Arc

With its sales volumes rising by some 20% over the past 16 months, Arc is looking for additional investment to support its growth. The confirmation of its financial partners' commitment comes hand-in-hand with a plan to convert the longstanding Arques plant (Hauts de France).

 

"Arc's recovery may well still be ongoing, but the uptick in its business is a clear sign for us that a French industrial company can prove to be competitive on the international markets," praised Laurent Vigier, CEO of CDC IC. "We are therefore delighted to be able to continue supporting Arc's growth in France and abroad".

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